Stocks in the news
Reliance Industries: Subsidiary Jio Platforms received subscription amounts from Interstellar Platform Holdings (Rs 1,894.50 crore), Public Investment Fund (Rs 11,367 crore), SLP Redwood Holdings (Rs 10,202.55 crore) and General Atlantic Singapore JP (Rs 6,598.38 crore).
Infosys: Company and Old National Bank forged digital transformation partnership.
Dilip Buildcon: The company declared as L-1 bidder by the National Highways Authority of India for a project worth Rs 882 crore on a Hybrid Annuity basis in the state of Gujarat.
Lakshmi Vilas Bank Q4: Net profit was at Rs 92.86 crore against loss of Rs 264.43 crore and NII was down 51 percent at Rs 68.6 crore versus Rs 140.2 crore, YoY.
Havells India: CARE has reaffirmed its rating on the long term bank facilities (CC) at CARE AAA and reaffirmed CARE A1+ to the short term bank facilities.
Tejas Network: Company board meeting will be held on July 27, 2020, to consider and approve the unaudited standalone financial results of the company for the quarter ended June 30, 2020